Which of the Following Statements Best Describes the Law Merchant

Multiple Choice

Which of the following statements best describes the law merchant?

A) The law merchant is a body of law designed to control trade practices.
B) The law merchant is a body of law created by merchant guilds, part of which was incorporated into the common law.
C) The law merchant was designed to protect consumers from unscrupulous merchants.
D) Our laws relating to consumer protection are derived from the law merchant.
E) The law merchant is another name for the Sale of Goods Act.